News

King promulgates amended election law

King Norodom Sihamoni on July 4 issued a Royal Decree promulgating the amended election law, following its passage by the National Assembly and Senate in June and clearance by the Constitutional Council (CCC) on July 3. ...

Kim Yutharo
https://www.phnompenhpost.com/national/king-promulgates-amended-election-law

Cambodian exports to Vietnam surge by nearly a quarter to $1.3B

Cambodia’s goods exports to Vietnam reached $1.324 billion in the first five months of 2023, up 22.69 per cent year-on-year from $1.079 billion and up 83.92 per cent half-on-half from $719.79 million, according to the General Department of Customs and Excise of Cambodia (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodian-exports-vietnam-surge-nearly-quarter-13b

Informal entertainment workers eyed for IDPoor

The Ministry of Planning has since the start of July been conducting interviews for assessing whether informal workers in the entertainment sector can qualify for IDPoor cards, a senior official has said. ...

Chea Sokny
https://www.phnompenhpost.com/national/informal-entertainment-workers-eyed-idpoor

Gov’t sticks with 5.6% growth forecast

The government has kept its baseline projection for Cambodia’s economic growth this year at 5.6 percent, which was announced in late January, marking a sharp drop from the 6.6 per cent put forward in October, as the Ukraine conflict and geopolitical unrest caused regional and ...

May Kunmakara
https://www.phnompenhpost.com/business/govt-sticks-56-growth-forecast

Gov’t reveal 2024 revenue, spending plans

Cambodia is planning for government revenue and spending equivalent to 23.07 per cent and 26.29 per cent of GDP (gross domestic product) in 2024, respectively. ...

Van Socheata
https://www.phnompenhpost.com/business/govt-reveal-2024-revenue-spending-plans

Cambodia launches online child protection guidelines

Cambodia on Thursday launched guidelines on online child protection to ensure a safe and positive online experience for all children. ...

Khmer Times Staff
https://www.khmertimeskh.com/501320527/cambodia-launches-online-child-protection-guidelines/

Oxfam and Young Entrepreneurs host ‘Sustainable Business Forum’

Oxfam and Young Entrepreneurs Association of Cambodia (YEAC) co-organised on Thursday a “Sustainable Business Forum” under the theme “Together for Micro, Small and Medium-sized Enterprises Growth in Cambodia” to promote responsible, inclusive and sustainable business practices in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501320559/oxfam-and-young-entrepreneurs-host-sustainable-business-forum/

Cambodia ranked 13th in Asia-Pacific Region on the 2023 Global Peace Index

Cambodia was ranked 13th in terms of peacefulness in the Asia-Pacific Region, and 73rd among 163 countries around the world, according to the 2023 Global Peace Index released yesterday by the Sydney-based Institute for Economics and Peace (IEP). ...

Khmer Times Staff
https://www.khmertimeskh.com/501320575/cambodia-ranked-13th-in-asia-pacific-region-on-the-2023-global-peace-index/

Digital infra remains govt’s top priority

Boosting digital infrastructure remains one of the top priorities of the national government, a senior ranking official within the Ministry of Post and Telecommunications has said. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501320178/digital-infra-remains-govts-top-priority/

Over $17m from Angkor Wat ticket sales January to June

In the six months from January to June 2023, Cambodia earned $17,877,418 from the sale of tickets to Angkor, with a total of 385,769 foreign tourists. This is according to the press release of Angkor Enterprise on July 6. ...

Khmer Times Staff
https://www.khmertimeskh.com/501320021/over-17m-from-angkor-wat-ticket-sales-january-to-june/

RCEP, FTAs to attract more investments to Cambodia

The Regional Comprehensive Economic Partnership (RCEP) free trade pact and the bilateral free trade agreements (FTAs) will play a crucial role in attracting more foreign direct investments to Cambodia, Cambodia’s central bank said in a report released on Thursday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501320535/rcep-ftas-to-attract-more-investments-to-cambodia/

China remains the largest export market for Cambodia

 The CCFTA, signed in October 2020 and effective since January 2022, was initiated by Cambodian officials with the aim of broadening its trade relations and export markets in China in response to the economic fallout caused by the pandemic, local flooding, and economic pressures and ...

Khmer Times Staff
https://www.khmertimeskh.com/501320543/china-remains-the-largest-export-market-for-cambodia/

Child sex abuse posts halved but still of concern

The number of posts involving child sexual assaults from Cambodia last year was discovered to be around 220,000, which is still a problem even if it is down more than 100,000 cases from 2021. ...

Hang Punreay
https://www.khmertimeskh.com/501320171/child-sex-abuse-posts-halved-but-still-of-concern/

1,000 antenna poles to be installed in Phnom Penh to boost mobile reception

The Ministry of Post and Telecommunications has already identified the location to install more than 1,000 telephone service antenna poles in Phnom Penh’s 14 districts. ...

Adur Pradeep
https://www.khmertimeskh.com/501319534/1000-antenna-poles-to-be-installed-in-phnom-penh-to-boost-mobile-reception/

Cambodia’s electronic payment amount among highest in world

The amount of payments made via electronic system in Cambodia reached nearly 1,000 percent of the country’s Gross Domestic Product (GDP) in 2022, said a senior official of National Bank of Cambodia (NBC). ...

Kang Sothear
https://www.khmertimeskh.com/501319532/cambodias-electronic-payment-amount-among-highest-in-world/

Australia unveils plans to develop three agri-food industrial parks

Australia plans to support the Cambodian Government in developing an Agri-food Industrial Park (AIP) in three main provinces. This initiative is expected to benefit the Cambodian economy by generating $5.1 billion and creating 100,000 new jobs, with 50 percent of these opportunities going to women. ...

Meas Molika
https://kiripost.com/stories/australia-unveils-plans-to-develop-three-agri-food-industrial-parks-cambodia

NBC sets new capital, risk rules for banks, financial institutions

The National Bank of Cambodia (NBC) yesterday released two proclamations that set new requirements for depositing-taking banks and financial institutions to strengthen the quality of their capital to increase the effectiveness of preventing main banking risks and assess credit risks at lower rates to boost ...

Kang Sothear ​
https://www.khmertimeskh.com/501318139/nbc-sets-new-capital-risk-rules-for-banks-financial-institutions/

Thailand-Cambodia border reopens

The Thai province of Buri Ram and Cambodia’s Oddar Meanchey province officially reopened the border on Tuesday. ...

Yatt Malai
https://kiripost.com/stories/thailand-cambodia-border-sai-taku-chup-koki-reopens

NBC launches Cambodian Shared Switch

The National Bank of Cambodia (NBC) has launched Cambodian Shared Switch (CSS) for convenient cross-institutional payments and integration with regional countries. ...

Seng Mengheng
https://kiripost.com/stories/cambodia-nbc-launches-cambodian-shared-switch-css-atm

Prospects of biomass energy in Cambodia’s market

The prospects of biomass energy in Cambodia’s market are looking increasingly promising as the country continues to develop and modernize its economy. With a population of over 16 million people and a rapidly growing industrial sector, Cambodia is in need of sustainable and reliable energy ...

Khmer Times Staff
https://www.khmertimeskh.com/501319893/prospects-of-biomass-energy-in-cambodias-market/

AIIB lends $100m to ACLEDA for SME loans

ACLEDA Bank Plc has borrowed $100 million from China-owned Asian Infrastructure Investment Bank (AIIB) to provide new loans to micro, small and medium enterprises, according to its latest filing with Cambodia Securities Exchange. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-aiib-lends-100m-to-acleda-for-sme-loans

4,600 dengue cases recorded in first six months

In the first six months of this year Cambodia recorded more than 4,600 cases of dengue fever. The number has increased significantly compared to the same period last year. ...

Torn Vibol
https://www.khmertimeskh.com/501319536/4600-dengue-cases-recorded-in-first-six-months/

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